4YBIN’s aim is to create new companies that contribute to local employment for youth and women and by doing that it also stimulates the economy. The format is business oriented, which means that no grants will be provided, but that a return-on-investment model will be created for the investors. This ROI can be in multiple formats including in kind ROI.
4YBIN -Ethiopia, in collaboration with 4YBIN-NL hereby calls for young individuals with business start-up intentions and existing entrepreneurs (with a business license and registration rights) to submit business proposals, each requiring a maximum financial investment of 1,000,000.00 ETB, of which 20% of the total investment should come from the entrepreneur’s contribution (either in-kind or in-cash). The business opportunity is not limited to a specific sector. Examples of the value chains are Animal Production, Beekeeping, Dairy, Agriculture, Horticulture, Renewable Energy, Health, Information Technology and Textile. Please send your business / financial plan that also shows the capacity to repay the financial investment to ethiopia@4ybin.ngo.
Read more: 4YBIN – For Youth Business Innovation Network